The Wallingford housing market continues to improve, albeit modestly. The number of houses sold in July rose by only 10% over June, but they sold over 62% faster than last month. This resulted in inventory levels reaching a new low for the year at 5 weeks. As in Meriden, it appears that first time home …
Month: August 2009
The Meriden housing market seemed to have come to life in July. Pending sales and closed sales were both up significantly, probably as a result of more first time home buyers taking action to receive the $8000 tax credit, which expires in about 90 days. Inventory levels and days on market were both down, and …
There were few surprises in the economic data released this week, and the record $109 billion in Treasury auctions went smoothly. As a result, it was a quiet week for mortgage markets. This week’s economic data showed signs that the economy is gradually improving, while inflation is not a concern right now. Demand remained solid …
The process of selling your home, while exciting and (hopefully) profitable, can also be fraught with danger. We’ve written before about how nefarious persons, posing as Realtors, gained unlawful access to homes for sale by owner (FSBO) in order to rob them. This also applies to people who are using the services of a Realtor, …
To our Readers: One of our clients, Elizabeth Dellinger, is an extremely talented singer, songwriter, musician and producer. She has been a back-up singer for several well-known stars, including Beyonce. She recently contacted us to let us know about an upcoming benefit concert for her mother, and we thought we’d like to pass it on …
As we wrote about here, the current $8000 tax credit is quickly approaching its end, but there is a new bill being considered in Congress that would expand and extend the current credit greatly. HR 2801, The Home Ownership Moves the Economy (HOME) Act of 2009 would extend the availability of the credit through 2010, …
Strong manufacturing and housing sector data contributed to a rally in the stock market this week. This would ordinarily push mortgage rates higher, but the strong economic news was offset by tame PPI inflation data and a significant increase in Fed purchases of mortgage-backed securities (MBS), leading to a small decline in mortgage rates during …
Three bedroom home on Meriden’s East side, near Wallingford line. Remodeled kitchen and baths, newer windows, hardwood floors, fireplace, 2 car garage, pool and deck. Nice yard. Credit check required. Available immediately. [HTML1]
Home is much larger than it appears. Updated kitchen with granite-topped island, amazing addition featuring family room with gas fireplace, dining room and windows galore, 3 bedrooms in upper level and MBR on main level. Two decks, hot tub and 1+ acre lot. Square footage includes finished walk-out lower level with bar and wood burning …
Charming 3/4 BR Cape. Updates include newer windows, siding, kitchen, appliances and granite counter. Featuring hardwood floors, propane fireplace, large yard with deck and above ground pool. Additional 400 sq ft family room in lower level. Seller is a licensed real estate agent. [HTML1]